The peer-to-peer marketplace involves the act of lending money to other people (or businesses) in exchange for receiving interest on your money. Basically, you’re acting as a bank and giving out a loan on which you are paid back your principal (original amount) plus interest by the borrower.

Also, you’ve probably heard your friends or colleagues chatter about peer-to-peer lending sites, like Upstart, Lending Club, or Prosper.

Here’s my take on these sites, including their EXACT pros and cons from a cash flow and tax perspective.

ABOUT THE PODCAST:

This podcast is an audio feed of the website, CadeHildreth.com, where you’ll learn what you SHOULD’VE been taught in school.

As an LGBTQ+ entrepreneur, real estate investor, former USA Rugby Player, and fitness enthusiast, Cade will teach you what your parents and teachers should have taught you but didn’t know themselves.

You'll learn how to increase your income, negotiate a raise, buy real estate, invest for cash flow, lose 10 lbs fast, reveal 6-pack abs, and so much more.

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Website: CadeHildreth.com